news

tesla plans to issue $783 million in bonds backed by prime leases

2024-10-04

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

source: global market report

tesla inc. is currently on the market pre-marketing a $783 million bond backed by premium borrowers' car leases as collateral.

the move signals tesla's increased efforts to enter the recently active market for automobile lease-backed securities (abs). with these bonds backed by lease contracts from prime borrowers, tesla raises capital to support its continued innovation and expansion. market share strategic goals.

as interest rates fall and market conditions improve, the abs market continues to heat up, and companies such as tesla are taking the opportunity to promote more financing.

issuing asset-backed securities is one of the common financing methods for automakers. tesla realizes the capital turnover of its leasing business by packaging leasing contracts and selling them to investors. when tenants pay monthly rent, investors receive corresponding returns.

this method can not only help companies obtain funds, but also support their long-term development through flexible capital operations. the detailed terms and expected date of the bond issuance have not yet been announced, but tesla's choice to launch the bond on thursday is in line with the current overall industry trend, especially in the context of automakers and financial sectors obtaining financing through customer credit.

the offering is part of tesla's broader financial strategy through which the company continues to seek to fund its rapid growth and technology research and development. given tesla's strong brand and large customer base, the bonds may appeal to investors looking to invest in electric vehicles and clean energy.